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president obama is right, that those making less than $250,000 should be protected. the republicans, of course, want to raise that level so there it will be some higher income categories that receive the same protection from tax increases. as part of a package, overall package, i'm following sit down and talk about that personally, only one element, the whole question mark tend is what's fair what will reduce the deficit, what's something we can live with as a nation? >> let's talk numbers. you talking about 400,000 dollars a year income level? maybe more? i know republicans are trying to get more than that. >> they are trying to create a larger class of people protected from increase in the income tax beyond the 2% that would have to pay for -- >> what but personally? what could you go for? >> i don't want to bargain with myself here around you can't do it in isolation. what you need look at is the entirely theny of things but got to be willing to give it you know? the nature of this whole process compromise, some things which beyond we can't go, period. >> when it comes to comprom
and requests what a lot of liberal democrats are feeling right now. what jonathan wrote why is obama caving on tacks? the discouraging thing about the fiscal cliff negotiations is not that they have gone into the eleventh hour. it's that president obama has retreated on his hard line on taxes. obama may think his conciliatory approach has helped avoid economic chaos. instead, he is courting it." i want to go right to jimmy williams because you have been a senate staffer. you understand how this thing works. why would the white house even bother to increase from 250,000 to 400,000. they don't really have to. they're winning this fives fight. >> the only people that actually care whether or not the threshold is 250,000 to 400,000 are these people that are going to vote on it. nobody else really cares. all they really care is that you get a deal. these people are sitting at ground zero. these snores, these liberals. i'm a liberal. i don't care what the thereby hold is. i don't give a damn if it's a million. i just want them to get a deal or go over the cliff, but somebody just make up your min
the scenes, but as for publicly right now, melis melissa, the white house is not talking. president obama is basically launching this public campaign to pressure republicans. president obama came out on friday and urged them to get behind his plans. again today he sat down with david gregory, of course, during that exclusive interview on "meet the press" and urged republicans to act saying that it appears all they are interested in is protecting taxes for wealthy americans. republicans, by the way, lashed out at those comments saying the president seems more interested in placing blame instead of actually leading, but that at this point in time seems to be president obama's strategy to some extent, publicly pressuring republicans to act and to move on these negotiations. so that is where this stands right now. the white house monitoring everything that's going on the hill quite closely, but i can tell you, melissa, that there is a sense of optimism that is waning here at the white house. you can sense that when you talk to the officials here. >> well, the eternal optimist. vice president
may end up compromising? >> well, the level at which taxes will rise above where they are right now, so obama's insistence has been, if you make over $250,000 a year, on the income over 250 you pay a little more in the new rates he's proposing. now, he's been willing -- it's been reported that he's gone as high as 400,000 in the negotiations with boehner. so that's a place for agreement. the other place is the estate tax. the estate tax is scheduled to rise by quite a bit at the stroke of midnight tomorrow night. republicans want to keep it low, democrats want it to go up a little bit. there's room for compromise there. and so, you know, it's not just marginal rates that are going up, there's a series of taxes that they're going to change. the thing that could not be settled today was this change cpi. essentially a benefit cut for social security recipients. that led to a breakdown in negotiations today, because republicans wanted those benefit cuts to social security. and democrats said no way. and that was the sticking point and that's when this thing moved from the senate over to
. and the last thing president obama wants is something that will stop what looks like a reasonably steady economic growth that we're having right now. this coming year could be a very good year for us if we don't let all this political nonsense get in the way. >> it's hard to imagine how it doesn't. you look at the record, and we talked about it, of this congress. fewer bills passed of any since they've been keeping records. 219, the previous he was 313 bills that got through congress. and a lot of them are basically, you know, naming a post office. and at the same time, it sounds like, tell me if you think something else is going on, this is going to be the narrowest of possible deals. tax rates are going to stay the same for people making 250, 400 or maybe $500,000 a year or less. and then all the other stuff is going to have to -- entitlements are going to be put off until 2013. the debt ceiling is looming there for 2013. i like your optimism, but i just don't know. >> you had my friend, tom mann on earlier. i think it's very important that what you had happen in the house is the most
much. all right. that was president barack obama speaking on what he says is an insight deal on the fiscal cliff but not a final deal. a lot of cheering. felt like a campaign-ish rally. we're not just doing on the spending side anymore but clearly an obama optimistic about this deal. its chances and what it means for the white house. that does it for this edition of "andrea mitchell reports." happy new year, everyone. "news nation" is next. >>> hello there, i'm t.j. holmes. president obama speaking just moments ago and putting the pressure on. with just ten hours until the country goes over that fiscal cliff, the president announcing that agreement to prevent tax hikes for all americans is in sight. but there is no deal just yet. >> today it appears that an agreement to prevent this new year's tax
. seinfeld. >> seinfeld. >> all right. president obama meets with top congressional leaders this afternoon with time running out to avoid the cliff. the house will be back in session on sunday to try to deal with the issue. we haven't had enough time, you know, two years. when is the last time we had a budget? >> harry reid was just -- wasn't he great yesterday talking about mitch mcconnell and the republicans? no budget. >> and more than 14,000 longshoremen could go on strike this weekend because of a contract dispute. a walkout would close cargo ports. some estimates say a strike could cost the economy $1 billion a day. which would add up. it would kind of counteract the 85 billion. but bernanke is doing 2 billion a day, right? >> more. >> 2.5, yeah. so that would take away -- we could easily rachet it up. unless the printing presses overheat at that point. let's check on the markets this morning. the futures were indicated lower based on angst. there it is worse. it was down 40 earlier, not out 62. they were down 150 at one point. came back down to 18. we're somewhere. >> between there.
. it has continued right along. that level of increased spending has continued with president obama every year since 09. stuart: hold on a second. can we please roll the sound bite of president obama and a trillion dollars worth of cuts. go. >> if you look at my track record over the last two years, i cut spending by over a trillion dollars in 2011. i campaigned on the promise of being willing to reduce the deficit in a serious way in a balanced approach of spending cuts and tax increases on the wealthy while keeping middle class taxes low. stuart: i think that was from met the press. -- meet the press. david: yes, it was. stuart: the president specifically said i have cut the deficit by 1 trillion dollars. david: he said i cut spending by 1 trillion dollars. stuart: by 1 trillion dollars. is that true? david: not at all. i'm looking in my hand. these are the figures from the department of treasury. spending 09, 3 trillion 500 billion. 2010, 3 trillion 500 billion. 2011, 3 trillion 600 billion. 2012, 3 trillion 538 billion. he has not cut a trillion dollars. where are those cuts? we just
as the dynamic that's going on right now? >> well, let's put it like this. after the election, and barack obama won re-election pretty handily, as it turned out, after the republicans threw everything they had at him, after mcconnell said his top priority, as barney frank mentioned a few moments ago was to make barack obama a one-term president, wasn't to fix the economy, it was to make barack obama a one-term president, obama took all of that, he won. there was a sense in washington, among some people, i guess, i would call them sort of naive people, that the republicans might have learned something from that and might come to the table. but i'm afraid that, chris, they've learned precisely the opposite, that they're just going to double down in their opposition and that's what we're seeing so far with the failure to have a resolution to these fiscal cliff negotiations. john boehner -- >> but mitch mcconnell did reach ute to the president. do you see that as posturing, we're doing our best, or do you think the republicans are serious and feeling pressure about making a deal? >> i don't think t
the government, democrats and liberals, obama, or anybody who has the right to decide when another american is wealthy? in the constitution, it is said that we have the ability to pursue life, liberty, and the pursuit of happiness. all this bickering is restricting and punishing achievement. i make next to nothing because of my past. i did my time. i do not care what they do. personally, i hope nothing happens, because i know the game. right before the deadline hits, they will pass something. i have been watching this for enough years to see that they will pass it. it will pass something because they have to play this game. host: charles from maryland, thank you for the call. trawls brings up a rebel. he will be on meat -- "meet the press" this morning. the highlight will be president obama on nbc's "meet the press." on abc this morning, senator chuck schumer. along with jon kyl of arizona. on cbs, dick durbin and tom coburn, the republican from oklahoma. fox news this morning, on fox news sunday, senator lindsey graham, the republican from south carolina, on what senator dianne feinstein,
to the house. there is a new headline in "new york" magazine. it reads this. why is obama caving on taxes? the article reads in part, the erosion signals not only a major substantive problem in its own right but also raises disturbing questions about obama's ability to handle his entire second-term agenda. do republicans sense a little weakness here, an opportunity? could the president's concession hurt his ability later on to negotiate with the gop? >> no. i think he is doing what needs to be done. unfortunately, this president hasn't operated or led this country like keith's former boss, president clinton, who understood the art of negotiation and actually getting there and rolling up his sleeves and having discussions well before everyone's back is against the wall. i can't believe i'm saying it but i am encouraged to see joe bide nen there and talking with mitch mcconnell. it is good to have the negotiations. they need to in her reference it's better to have them as fred as tear and ginger rogers dancing and discussing issues back and forth as opposed to what we have with thelma and l
is getting pelted from the left and the right, man without a country. are you surprised that the obama administration hasn't stepped up the reference to sort of shield him a little bit, beings he's for all intents and purposes the nominee for the defense secretary? >> the administration has done everything they can. chuck hagel is like a man, who was like susan rice, not nominated for anything. susan rice took a pelting for a job she was not officially nominated for. chuck hagel is someone who hasn't been nominated for secretary of defense but is someone who is rumored to be that person. i think we saw an indication of what the administration was doing to, in a way to protect hagel, and i'm thinking of specifically the criticisms of hagel and what he had said during the whole "don't ask, don't tell" fight and things that -- i'm sorry, about the nomination of jim hormel to be ambassador to luxembourg back in the '90s. he said the ambassador was openly aggressively homosexual. hagel took a pummelling for a few hours, few days, then miraculously, there was an apology from chuck hagel. the
of this is making any sense, it's not right so i think it's going to go to obama. >> and going to get 299 electoral votes and obama by-- >> and new details of the ongoing controversy surrounding general petraeus. >> cheating general, shirtless fbi agent, beautiful biographer, it's the house wives of west point. >> kind of sounds like us. dana, what did you make of that. we went to the wardrobe selections, dresses we like and we don't. >> going to closet tomorrow on new years always good to do. and it was a great year and an amazing year, pretty stressful during the election time, i guess. >> yes. >> it got a little-- i got testy and sick to my stomach about it for hours because i don't like to get that way i'm glad the election is over. >> you feel bad about it. >> you don't feel bad afterwards. >> all the way through the whole year "the five" i never saw you get testy. >> me? >> i never saw you get really upset. i never saw the rest of you gang up on bob real fast. (laughter) >> and if you look at that retrospective. if you notice one of the problems romney had from the beginning not one mention
. to maintain cost and come pettive market we have to pay attention to. president obama is beholden to unions. he's made a point of supporting them. >> look at how the unions built the stronger middle class and stronger america. >> day after that, michigan became the 24 state to pass right to worklaugh. the president option to reward unions are limited. >> we'll expect the leadership from president obama. >> more than 5700 new regulations posted in 90 days alone. >> way to do it from the union per speculative to raise the workers' pay around the world. >> laying the ground work to protect workers from detroit to juarez to shanghai to bogata. getting the government and multinational organizations to agree is another matter. >> bret: thank you. still ahead, the french soak the rich tax proposal hit a speed bump. law enforcement works on setting a legal limit for driving after smoking pot. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't g
watching and hoping for the best. chris? >> bob bazell, thanks so much. we'll be right back with congresswoman barbara lee. stay with us. >>> the senate is scheduled to get back to work and avoid the fiscal cliff 45 minutes from now. president obama will be watching with the rest of country for a deal to be hammered out. he thinks republican leaders need to bend. >> congress has not been able to get this stuff done not because democrats in congress don't want to go ahead and cooperate but because i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit and as part of an overall deficit reduction package. >> i'm joined by congresswoman barbara lee a democrat from california. good to see you. good morning. >> good to see you. glad to be with you. >> let me give you the republican perspective. it is that some indications they are willing to give on taxes whether 400 or 450,000, that yesterday they floated this idea of changing social security. they've backed off on that. t
and move on. >>> back to "hardball." the final weeks of president obama's first term are upon us. it's hard to remember the bizarre conspiracy theories. let eegs look back at some of the worst first. others on the right were up in arms over rumors about what the trip would cost. >> i think we know that just within a day or so, the president of the united states will be taking a trip over to india that is kmexpected to cos the taxpayers $200 million dlarsz a day. the american people are quite frankly struggling right now. >> for comparison, $200 million a day would have surpassed the war in afghanistan at the time. that nonfactual story about the cost of obama's trip was started by an unnamed source on an indian news web site. we can't talk about conspiracy theories without bringing up rush limbaugh. >> you've got a hurricane coming. the national hurricane center, with a government agency, very hopeful that the hurricane gets near tampa. obama is sending in fema in advance. in tampa, a bunch of rvs and stuff making it look like a disaster area before the hurricane even hits there. >> what ca
no signs of a deal in the senate right now on how to avert the fiscal cliff. let's bring back the senior editor of "the new republic" and author of "the escape artists, how obama's team fumbled the recovery" and ed o'keefe congressional reporter for the "washington post." thanks to both of you for coming back here. ed, do you think the deal is dead right now? >> no, by no means. as we understand it, negotiations are continuing. right now both parties in the senate are meeting behind closed doors to discuss what was going on and what they may or may not be able to agree to as you've reported throughout the hour. mitch mcconnell has reached out to vice president biden, two experienced legislative hands who have worked together on these types of deals before. if anyone at this late hour could get a deal done it would likely be these two. keep in mind, no matter what deal is crafted on in the senate, voted on tonight and tomorrow morning it still has to get passed here in the house where i'm standing right now. we were talking to tom cole a little while ago on the show. off camera he was tel
movement has ever been a hard right nation. the republican party is tilted right and i think if romney beats obama then it will be because he won a lot of dependent -- independent voters who move from party to party and election to election. the tea party movement is not here to stay but it at least entered the bloodstream. despite the voting behavior of congress. you see for example the ryan budget and both in 2011 in 2012 when it came up for a boat, all of these republicans who previously voted against it, now vote for it. if they failed them before they will be primary by someone who gets to the right and in fact one of people i read about in the book is a moderate republican named emerson from missouri. she voted against a couple of things and the voting behavior was not right-wing. so that sort of behavior strikes fears in the hearts of a lot of legislators. >> infective governor romney loses the response from the tea party will be i told you so. [inaudible] >> do you see the same level of gridlock and what do you see coming down the line? >> bias in the idea that there are a lot
: "america live" starts right now. rick: we begin with a fox news alert. we have got even word a few moments ago that we will hear from president obama. he will be speaking in about a half an hour from now on negotiatings over a debt deal 0, just about 11 hours left now until washington's failure to reach a deal would trigger a big series of tax hikes and spending cuts. welcome to "america live" i'm rick folbaum. >> i'm arthe arthel nevel. the president is expected to make remarks within the hour about the on going negotiations about the so-called fiscal cliff. we'll bring that live to you when it happens. sources are telling fox news that congress has figured out the tax part. the main bone of contention is at this point the spending. the white house wants new spending using tax hikes to prevent some of the severe budget cuts that also kick in in 11 hours from now. republicans argued that is just robbing pete tore pay paul. chief congressional correspondent mike emanuel is live at the capitol following all of the bouncing balls. hey, mike. >> reporter: one concern for republicans as they lo
? >> that's the real question right now. right now, the focus is on the senate. what does harry reid do? does he blink obama's plan to the floor or try to work with mcconnell in this 11th hour. you will have a tough vote for many house republicans. if that level is at 250 and it includes unemployment, make it so republicans may not. >> joy, do you think we have a deal? >> you know, ill'm still very dubious. but if there is a deal, it will be with a majority of democrats in the house and there's a political risk for boehner in that. >> thank you. you've been watching "hardball." we'll be back in one hour with an all-new live edition. until then, "politics nation" starts rite now. >> thanks, richard. thanks to you for tuning in. breaking news, president obama urges congress to make a deal to overt the fiscal cliff. he announces no deal, but progress may be in sight. >> and that would be the wrong thing to do for our e con mu. it would be bad for middle class families and bad for businesses that depend on family spending. fortunately, congress can prevent it from happening if they act righ
they voted on them. i thought that was a good idea. obama campaign promising the negotiations would be on c-span. what they're doing right now is fundamentally wrong and not likely to help very much, and just leads us to the next crisis, which will be over the debt ceiling, to be followed by another crisis. >> i'm going to ask you to stick around if you can. >> unfortunately, i can't, but i do want to wish you a happy new year despite the fact that you're in washington. >> mr. speaker, to you and the entire family, we wish you a happy new year as well. we'll see you back here in washington at some point, i'm sure. >> take care. >> thank you very much. we'll get senator rand paul's perspective on what's going on. the republican senator from kentucky, when we come back. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot
, as well. i think in obama's proposal, he wasn't moving as much on the dividend tax as a compromise but, you know, that never settled at the end of the day. >> all right. enjoy that 4.2% payroll tax rate while it lasts. >> absolutely. >>> up next, freedom of speech with the right to bear arms. that's in the spin cycle. >>> amber and marcy and paul started north carolina based footsteps clothing which had a booming christmas themed pajama line. not wanting to be just a seasonal business, they added other holidays and eventually expanded to products that celebrate family life. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world, and we do everything we can to be there for them when they need us. [car alarm blaring] ca
. >> right. >> your party's nominee last year ran against obama -- or in this campaign ran against obama for cutting medicare. what are the specific entitlement savings that you guys want to enact? because that's your ask of obama. he's told you what taxes he wants to raise. >> i've got a whole list of them. i mean, certainly starting with chain cpi, but the age, the copay, means testing. >> he's agreed to that. >> betting on competitive situation in between medicare manage and deeper service without any cap i mean it adds up to about a trillion dollars. and when you have a situation where americans are paying one-third of the cost of medicare, i don't think people realize that, but literally people are paying one-third of the cost of medicare, we have 20 million more americans coming on medicare over the next decade, i mean it's a time bomb. >> i agree with you it's a time bomb. but remember that the -- the standing document for republican boldness is the ryan budget. you get credit for that. he did not have ten-year savings on medicare and social security. >> and i do. i think we obvio
'm suzanne malveaux. here's what's going on right now. we're actually going to hear from president obama on the fiscal cliff negotiations. that is at the white house, and that's going to happen in about a half hour on so. we expect there will be some news. they're clearly trying to hash out some sort of deal on both sides, that both sides feel is acceptable it to avoid the massive tax hikes and spending cuts that nearly all americans would experience starting tomorrow in the new year if these two sides do not get together. so we are expecting the president there at the white house to make a major statement to the american people regardleregarding where we are on nxs. >>> pope benedict is holing a new year's eve mass. italy will celebrate the new year in five hours. we'll show you other great celebrations we've been watching from around the world. this is victoria harbor. this is in hong kong. beautiful fireworks show. organizers say it was the biggest one ever. watch this. pretty spectacular. another big party. this one is over sydney harbor bridge in australia. the show was huge. we're
to bring this to sort of where we are right now in our politics. and you know, there's a lot of folks saying, geez, if obama could just be like lincoln in the movie. but one of the big differences between now and then, it's just simply on patronage. i think it's interesting that as you point out, lincoln was very aware that you could buy people off. that is something that is harder to do today. >> it is. lincoln was the consummate politician and that's one of the things i really try to bring out, is that his success first and foremost derived from his political acumen. he spent dozens and dozens of hours, even in the middle of this crisis of the war, attending to issues like patronage, like people's, you know, egos, feeding their egos, and he didn't let his own ego get involved in it. >> you tell me, and i just assume maybe i'm oversimplifying, but one thing the presidency destroyed, did it destroy his personal life? >> it was extremely painful. this year really begins, in a sense, with the death of his beloved son, willie, who was 11 years old and died in february of 1862. that sent
very surprised, those on the right also. >> absolutely. this was a key moment in the campaign where it lookedly maybe romney would be able to come back. obama's campaign team always thought this moment was exaggerated. the president's team always thought that was overblown, but certainly this was a big moment in the campaign. the president felt very down afterwards as glen and jonathan martin report in their new e-book what a tough period that was for the president. he had to find win himself and come back. >> so raching, finish it off, bring it to today. there's the fiscal cliff. got to be the most recent of the big points in politics for 2012. >> absolutely. that shows just how fleeting a victory is in this town. president obama won a stronger than predicted victory. he basically got every state that was seen as being open up for play, up for grabs. he won them all. he won ohio. he won virginia, he won fa fla. he campaigned largely on this issue of middle-class tax cuts, fairness for the middle class, give the middle class a chance. he saw his win as a validation of the strategy,
by president obama earlier this year, called the u.s. magniski act, which aims to push russian human rights abusers, particularly those who were associated in the death in 2009 of a russian tax lawyer who uncovered a very large tax fraud in russia that was himself arrested then and died while in custody. this is meant to punish those people, to stop them from traveling to the u.s. and freeze their accounts and caused outrage in official circles in russia and searching for several months to try and find an appropriate response. this is what they came up with. >> matthew chance, live in london, thank you very much. >>> up next, best advice from the grichb w the grinch who stole christmas. >>> and firearms training. ali velshi speaks to a teacher taking the course right now. ♪ [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions peo
not be tonight. >> president obama putting pressure on lawmakers to reach a deal. mr. obama making remarks about the fiscal cliff aired it earlier today. he put much of the blame on shoulders of the republicans if no deal is reached. the gop fired back saying the president should lead right now not cast blame. correspondent s henry is live from the white house. >> he is frustrated going on a talk show today in the middle of the negotiations. he has not been on one of the programs since 2009. he felt it was important to get the message out there. you are right he was pounding the same message again and again f. we go up the fiscal cliff for not meeting them halfway. >>> not because democrats and congre congre congress don't want to go ahead and cooperate but i think it has been hard for speaker boehner and republican mcconnell to accept the fact taxes on wealthiest should go up a little bit sweas well as a deficit reduction package. if they can't say yes to good offers i have an obligation to make sure the entire burden of deficit reduction doesn't fall on seniors who are relying on medicare. >>
ceiling as barack obama did on tax rate. uma: you call everything going on in washington right now dysfunctional. the american people are kwaeutinwaiting to see what is going to happen here. many people are frustrated and upset that once again we are at the 11th hour trying to get a deal done at a time when there was a lot of time before this to work something out. >> because the senate doesn't function any more. the house has passed three or four bills to avoid sequestration, to save the military from these cuts, to deal with the fiscal cliff. if you don't like the house's product bring it on the floor of the senate and let's change it. let's start being legislators instead of just a place where ideas go and die in the united states senate, it's embarrassing to me being the most deliberative body in the world and not be able to have a debate about how the fiscal cliff drama should end. we should have had the house bill on the floor months ago. harry reid blocks everything coming from the house, this place is completely dysfunctional and this is why you wait on new year's eve to fi
soledad is off today. president obama will hold a critical meeting at the white house. and blame game is down right nasty. >>> tributes from the pentagon, white house, and gulf war buddies after the passing of stormin general norman schwarzkopf. and teachers learning how to shoot in case a gunman walks into their classroom. the man offering lessons were free. "starting point" begins right now. friday, december 28th. and our starting point, the pace in's economy and your take home pay on the chopping block. four days remain before the u.s. goes over the edge. that means tax hikes and spending cuts that could trigger another recession. congressional leaders will meet today at 3:00 p.m. eastern time. the full house not even expected to return to work until sunday. here is the guest list for today's showdown. the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today?
greenhaus. let me say, you're hilarious and i'm going to miss you. jonathan tweeted, obama has utterly caved on taxes and inviting future hostage tactics by the gop. does that sound right to you? >> no. in the first place, he has insisted on raising taxes, letting taxes go up, is what we're doing, for people above a certain income level. he does not control the house of representatives. part of this issue, you know, people forget, the american people are the ones who set this stage. they voted for one set of people in 2008, then they changed their minds. at least those who voted, and voted for a different set of people in 2010. we have an unusual constitution. in america you're governed by the results of the last three elections, not just the last election in most other democracies. that's why you have this deadlock. i do believe the 2012 election moved us in this direction. so no, i don't think the president's caved totally. he's made some reasonable compromises with reality. the point that he's inviting, hesitating, is just wholly inaccurate. he doesn't have to invite hostage taking. the n
. the 100 of congress continued to spar with president obama and each other over the fiscal cliff. joining us from inside the beltway, peter barnes, rich edson standing by on capitol hill. all right. what are we waiting and? >> reporter: significant progress is what aides are telling us. they're working with the current framework right now. what it would do is protect income amounts of less than 400,000 for individuals, four under and 54 families, from a tax increase it includes extending current levels of the estate tax, preventing tens of millions of americans from having to pay the alternative minimum tax this year, ensuring that doctors who treat medicare patients don't get an automatic pay cut. long-term unemployment insurance. while lawmakers are discussing right now with the white house is how to deal with the sequester, those automatic spending cuts of 94 billion that are supposed to start next year. negotiations continue with senate minority leader mitch mcconnell leading the way for republicans, and a vice president discussing for democrats. we are starting to get some lawmakers
. the report also faults the pentagon and the white house. it criticizes the obama administration for being inconsistent in explanations regarding what led to the attack, initially blame ago video, not terrorism. >>> san diego police officer is seriously injured when a suspected drunk driver slams right into his cop car. police say the suspect was speeding when he ran a red light, t boning the cruiser. took 45 minutes for crews to pry the officer out of his car. he is expected to be okay. the suspect was not seriously hurt, but he was arrested on suspicion of drunk driving. >>> kanye west kind of letting the cat out of the bag a little. listen. >> make some noise. >> juliet: i have no idea what he said. >> clayton: i don't either. >> juliet: then there was static. but apparently he said that his girlfriend, kim kardashian, is pregnantgo. he made the big announcement during a concert in atlantic city last night. sources say she had no idea he was going to spill the beans! oops, i hope the family knows. up 'til now, the family had denied pregnancy rumors. so congratulations to them. and we're
there will be a vote. some say they think we're going over the cliff. listening to president obama in a rare sunday show interview yesterday, he's obviously making it known, if we do go over the cliff, he is prepared to point the finger at republicans. here's what he said. >> all right. so we're struggling to bring you that sound, but basically he was saying that republicans are trying to protect the wealthy when it comes to taxes. and to that point, ali, we do have new information about where the proposal stands at this point according to democratic sources. they have actually gone up to saying $450,000, the first $450,000 of income, that would be protected from a tax increase. so that's higher, obviously, than what the president's starting point was, which was $250,000, and even higher than where he ended in his sort of discussions with speaker boehner about a larger deal. he was at 400 there. obviously, republicans want higher than that. we'll see where that number comes out. >> it's valid to say something's happening. in other words, that at least gives you some sense of negotiation, which is a
but desperately needed equipment which we found in chicago and shipped out right away in order to get the past service back up and running. that said there's a great deal to be done. president obama's request for disaster assistance seeks $60.4 billion for recovery and mitigation. department of transportation shared request,$.7 billion and of that $11.7 billion the majority portion directly support the effort to repair and replace the effect of public transit infrastructure and make it more resilience. these funds would be administered through the new public transportation emergency relief program and i want to thank you for your leadership in establishing this program just a few months ago. the administration requested in its budget, you may recall i testified on its behalf before the committee in may of 2011. we are grateful to the senate appropriations committee for responding to the president's request for aid under this program. the support of both committees was timely as the new emergency relief program strengthens the authority to provide financial disaster assistance to transit agenci
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